Harry decides to borrow some money from a bank? what type of assignment will harry probably use to secure the loan

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asked Oct 26, 2020 184k views

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Dbtek · Answer 1 · 2020-11-02T15:36:14+0000

Answer:

A life insurance policy.

Step-by-step explanation:

An assignment or collateral assignment is a type of guarantee for the lender. the most used is a life insurance policy that will cover the payments of the debt to the lender if Harry fails to pay.

Harry decides to borrow some money from a bank? what type of assignment will harry probably use to secure the loan

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